Published on 5/28/2015 in the Prospect News Structured Products Daily.
New Issue: Citigroup prices $418,000 market-linked notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, May 28 – Citigroup Inc. priced $418,000 of 0% market-linked notes due May 26, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum return of 75%.
If the index falls, the payout will be par.
Citigroup Global Markets Inc. is the agent.
| Issuer: | Citigroup Inc.
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| Issue: | Market-linked notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $418,000
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| Maturity: | May 26, 2022
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus any index gain, capped at 75%, floor of par
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| Initial index level: | 3,679.14
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| Pricing date: | May 22
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| Settlement date: | May 28
|
| Agent: | Citigroup Global Markets Inc.
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| Fees: | 3.5%
|
| Cusip: | 17298CAP3
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